iShares U.S. Financials ETF (NYSEARCA:IYF) Position Increased by Choreo LLC

Choreo LLC increased its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 8.4% during the 4th quarter, HoldingsChannel reports. The firm owned 2,576 shares of the company’s stock after acquiring an additional 200 shares during the period. Choreo LLC’s holdings in iShares U.S. Financials ETF were worth $285,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in IYF. Money Concepts Capital Corp raised its stake in iShares U.S. Financials ETF by 9.7% during the 4th quarter. Money Concepts Capital Corp now owns 2,297 shares of the company’s stock valued at $254,000 after acquiring an additional 203 shares in the last quarter. Stratos Investment Management LLC increased its position in shares of iShares U.S. Financials ETF by 4.7% during the 4th quarter. Stratos Investment Management LLC now owns 5,516 shares of the company’s stock valued at $610,000 after purchasing an additional 247 shares during the period. Sargent Investment Group LLC acquired a new position in shares of iShares U.S. Financials ETF in the 4th quarter worth $561,000. Financial Life Planners acquired a new position in shares of iShares U.S. Financials ETF in the 4th quarter worth $42,000. Finally, Muirfield Wealth Advisors LLC acquired a new position in shares of iShares U.S. Financials ETF in the 4th quarter worth $359,000.

iShares U.S. Financials ETF Trading Up 0.9 %

Shares of IYF stock opened at $118.41 on Friday. iShares U.S. Financials ETF has a 1-year low of $87.36 and a 1-year high of $119.90. The company has a market capitalization of $3.29 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84. The stock’s fifty day simple moving average is $114.17 and its 200-day simple moving average is $108.98.

iShares U.S. Financials ETF Company Profile

iShares U.S. Financials ETF, formerly iShares Dow Jones U.S. Financial Sector Index Fund, seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Financials Index (the Index). The Index measures the performance of the financial sector of the United States equity market, and includes companies in industry groups, such as banks, non-life insurance, life insurance, real estate and general finance.